Credit Audit - Wholesale -Senior Manager

The purpose of the role is primarily for Credit audits of wholesale banking - Large Corporates and provide support to audits of other Business / Functions.

KEY RESPONSIBILITIES & KPIS OF THE ROLE

These responsibilities are representative, and the role holder is also responsible for any other job assigned by the superior authorities from time to time. This section in not intended to be an exhaustive listing of all activities done by the role holder. It should capture only the key responsibilities of the role.

Responsibilities

Strategy and Planning
Assist in Planning, designing and implementation of risk-based audit plans to ensure safety and soundness of the Bank.
Strategize and Provide improvement/ suggestions to existing process / systems to line management

Policies, Processes & Procedures
Independently conduct Credit audits with an emphasis on Product / Operations audits
Ensure completion of assigned audits and documentation of work papers on time.
Track status of issues reported.
Assist in keeping relevant processes benchmarked to Best Practices and peer banks.
Assist in keeping Audit Procedure Manual and checklists current and updated.
Provide oversight to the Concurrent Audit process.

-Ensure submission of concurrent audit reports on time

-Ensure regular update of concurrent audit checklists

-Ensure appropriate review of concurrent audit issues

-Ensure follow-up & rectification of concurrent audit issues

Business Liaising
Assisting business teams in interpreting regulations and providing audit views
Good interpersonal relationship skills to advise business teams

Risk Management & Internal Controls
Identify & assess the key operational, regulatory, financial, informational, reputational and audit risks as well as areas where internal controls need to be established within the division

Regulatory and other Requirements
Scheduled discussions with other members of the audit team for regular updates
Work on regulatory requirements, reports and regulatory submissions
Devise audit checklists for use of internal/concurrent Auditors and test products along with processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved.

Teamwork and Collaboration
Champion the organizations values within the team, encouraging a collaborative and innovative work environment.
Instill a culture of continuous development and high performance within own team

OPERATING NETWORK

Key interactions which are essential to execute the role. This will include both internal (excluding sub-ordinates) and external stakeholders.

Internal

Business Unit Spocs, CRM, Credit

ROLE PROFILE REQUIREMENTS

Minimum qualification which are essential to execute the role.

Education

Essential: CA

Preferred: Post Graduate degree/MBA

Experience

Essential: 1-2 years experience with expert knowledge of Credit Policies & Procedures covering both pre & post disbursement aspects, Expert knowledge of bank audit procedures, Hands on experience of Credit audit/Credit Underwriting.

Preferred: Possess sound product knowledge of all other areas of banking including regulatory requirements, should be a clear thinker and excellent communicator.

Competencies

LEADERSHIP/ BEHAVIORAL COMPETENCIES
Customer and Quality Focus
Professional Entrepreneurship
Drive for Results
Influence and Impact
Integrity
Teamwork
Inclusive and Collaborative
Attention to Detail,